Philippines Holds Central Bank Benchmark Rate at 6.50%

FILE PHOTO: FILE PHOTO: Security guard stands beside a logo of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) posted at the main gate in Manila

Dance of the Numbers: A Mambo with the Philippines’ Central Bank

Now, play that rhythmic salsa beat as we pirouette into the world of financial ballet – the Philippines’ central bank doing a 'same-step' as it maintains a steady stance on its benchmark rate, holding it fast at a crisp and spicy 6.50%. No twirls, no salsa dips, just a smooth and mastered dance move.